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Water insecurity is a significant, heavily gendered and growing driver of poverty, vulnerability and risk in many low- and middle-income countries. Without urgent action, its prevalence and impact will only increase, as climate change and rapid urbanisation exacerbate existing water security...
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The authors examine how institutions that enforce contracts between two parties-producers and consumers-interact in a competitive market with one-sided asymmetric information and productivity shocks. They compare an informal enforcement mechanism, reputation, the efficacy of which is enhanced by...
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The authors examine how institutions that enforce contracts between two parties-producers and consumers-interact in a competitive market with one-sided asymmetric information and productivity shocks. They compare an informal enforcement mechanism, reputation, the efficacy of which is enhanced by...
Persistent link: https://www.econbiz.de/10012553910